2050 3rd StColumbia CityOR97018
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Columbia City at 2050 3rd St, Columbia City, OR, 97018 earns $837/mo cash flow from $3,100/mo rent with a $1,835/mo payment. Total monthly income totals $3,100/mo, and annual cash flow totals $10,042/yr on $124,313 capital. ROI tracks 27.99% on current figures, and rental yield reads 9.92% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 145.95% and total cumulative return in cash sums $181,431. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,100/mo property income instead of your personal income.
Single Family
Built in 1999
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97018, Columbia City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 811 (100%) |
| Owner Occupied HU | 685 (84.5%) |
| Renter Occupied HU | 107 (13.2%) |
| Vacant Housing Units | 19 ( 2.3%) |
| Median Home Value | $495,000 |
| Average Home Value | $499,788 |
Housing Distribution
Address Breakdown
Residential
669
Single Family
669
Multi-Family
0
Businesses
27
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Listed by: Linn Holdhusen • Keller Williams PDX Central
Mls Name: RMLS (OR)
Mls ID: #232873246